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LED screen network reported on May 30, Sanan Optoelectronics issued a notice that the company and Wei Wei shares plans to sign the "LED application product project joint venture agreement" recently, will cooperate to develop LED application products business.
According to the agreement, Sanan Optoelectronics Co., Ltd. and Weiwei Co., Ltd. will establish a joint venture company. The joint venture company plans to register a capital of 150 million yuan, of which the share of the company is expected to be 85, and the proportion of Sanan Optoelectronics to be invested is 15. The joint venture company is mainly engaged in the research and development, production and sales of LED application products. Under the same conditions, LED chips produced by Sanan Optoelectronics are preferred. According to the data, Sanan Optoelectronics is a manufacturer of LED chips, and the main products of Weiwei Co., Ltd. are LED lawn lamps.
For this cooperation, Sanan Optoelectronics said that this time through the participation of shares and downstream manufacturers to make a useful attempt to extend the LED industry chain.
Yesterday's close, Sanan Optoelectronics closed at 20.5 yuan, up 2.76; Yan Wei shares were sealed in the daily limit, closing at 10.37 yuan.
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